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Council declares PID expansion petition sufficient and sets May 13 benefits hearing for Tourism PID 18
Summary
Council found the petition to add a newly built hotel to Fort Worth Tourism Public Improvement District (PID) 18 sufficient and set a public benefits hearing for May 13, 2025 to consider including La Meridian in the PID and levying assessments.
The Fort Worth City Council closed a public hearing and voted April 22 to find a petition sufficient to expand Fort Worth Tourism Public Improvement District (PID) 18 to include one additional hotel property and to set a benefits hearing for May 13, 2025.
Crystal Hinojosa, an economic development manager with the city, told the council that the petition to add La Meridian (listed at 811 Commerce Street) meets the statutory signature thresholds for PID inclusion. Staff reported that, if La Meridian is added, signers represent 81.79% of appraised value, 70.39% of the area of property liable for assessment, and 67.8% of record owners liable for assessment — each percentage above the 60% threshold required under the process described by staff. Hinojosa said notification mailed to property owners and the public notice in the Star-Telegram occurred April 4, 2025, in compliance with state law.
Staff presented estimated costs for the remaining life of PID 18 at approximately $24,190,000, including $7,750,000 estimated for fiscal year 2025. Following public comment, Council member Beck moved to close the hearing and approve MNC 25-0375 to declare the petition sufficient, authorize filing the budget, and set the benefits hearing for May 13, 2025. The motion passed; the meeting record states “motion carries.” The formal levy of assessments and final action to add the hotel are scheduled for the May 13 council meeting.
The staff presentation referenced compliance with state law and the Local Government Code procedures that govern the creation and expansion of public improvement districts. A representative from Visit Fort Worth and staff were available at the hearing for questions; no roll-call vote tally was provided in the transcript.
